Media stories about Axon Enterprise (NASDAQ:AAXN) have been trending positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Axon Enterprise earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.9521814538546 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Axon Enterprise (AAXN) Price Target Increased to $38.00 by Analysts at Imperial Capital (americanbankingnews.com)
- Axon Enterprise, Inc. (NASDAQ:AAXN) – An Eye on P/E Ratio of The Stock – Nasdaq Journal (nasdaqjournal.com)
- ARC Document Solutions (ARC) versus Axon Enterprise (AAXN) Financial Contrast (americanbankingnews.com)
- Axon Enterprise (AAXN) Rating Lowered to Neutral at CL King (americanbankingnews.com)
- Investors Recap on Axon Enterprise, Inc. (AAXN) – Wall Street Morning (wallstreetmorning.com)
AAXN stock opened at $38.36 on Wednesday. The stock has a market cap of $2,013.71, a PE ratio of 383.60, a price-to-earnings-growth ratio of 3.96 and a beta of 0.88. Axon Enterprise has a one year low of $20.57 and a one year high of $40.49.
Axon Enterprise (NASDAQ:AAXN) last issued its quarterly earnings data on Tuesday, February 27th. The industrial products company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.21. Axon Enterprise had a net margin of 1.59% and a return on equity of 8.17%. The firm had revenue of $94.65 million for the quarter, compared to analysts’ expectations of $87.88 million. equities analysts forecast that Axon Enterprise will post 0.38 earnings per share for the current year.
A number of equities analysts recently issued reports on AAXN shares. BidaskClub upgraded shares of Axon Enterprise from a “hold” rating to a “buy” rating in a research note on Tuesday, December 12th. Zacks Investment Research upgraded shares of Axon Enterprise from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 17th. JPMorgan Chase & Co. upped their target price on shares of Axon Enterprise from $28.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday, December 21st. Craig Hallum set a $37.00 target price on shares of Axon Enterprise and gave the company a “buy” rating in a research note on Wednesday, February 28th. Finally, Sidoti cut shares of Axon Enterprise from a “buy” rating to a “neutral” rating and set a $40.00 target price on the stock. in a research note on Monday, March 5th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $38.00.
In other news, President Luke Larson sold 36,105 shares of the stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $36.62, for a total value of $1,322,165.10. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CRO Joshua Isner sold 9,301 shares of the stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $36.34, for a total transaction of $337,998.34. The disclosure for this sale can be found here. 3.90% of the stock is owned by corporate insiders.
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Axon Enterprise Company Profile
Axon Enterprise, Inc develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. The company operates through two segments, TASER Weapons, and Software and Sensors. It offers TASER X26P and TASER X2 smart weapons for law enforcement; consumer CEWs; and replacement cartridges and consumables, as well as performance power magazines.
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